Resumen de The Impact of Covid -19 Pandemic on the Auditing Profession

Hossam Haddad, Atef Aqeel Al Bawab, Ahmad Marei

• Purpose of the study: The purpose of the study was to discuss the impact of the COVID-19 crisis on the economy in general and the audit profession in particular.

    Theoretical framework: The study aimed to show the economic effects of the COVID-19 pandemic on the income of auditing firms and the overall performance of the audit profession.

    Method: The study relied on a questionnaire as a data collection tool. The questionnaire was designed based on the Likert model to gather the opinions of a group of auditors who represented the population of the study. One hundred sixty questionnaires were distributed, and 152 were retrieved, representing a 95% response rate.

    Results and conclusion: The analysis of the data revealed that the economy, including the audit profession, was significantly affected by the COVID-19 pandemic. The income of auditing firms decreased, and there was a decline in performance and the number of visits to customers. Based on the findings, the study recommended reconsidering the approach to dealing with crises in the audit profession to maintain income and performance levels.

    Search implications: The study's findings imply the need for further research and exploration into effective strategies to mitigate the negative impact of crises on the audit profession and maintain its financial stability and performance.

    Originality value: This research contributes to the existing body of knowledge by specifically examining the impact of the COVID-19 crisis on the audit profession and shedding light on the economic effects experienced by auditing firms. The study offers insights into the challenges faced by auditors during the pandemic and suggests recommendations for better crisis management in the profession.